EXTR Acquires Avaya

Extreme Networks, Inc. (NASDAQ: EXTR) announced in San Jose, Calif. on July 17, 2017, that it has completed its acquisition of Avaya Inc.’s (“Avaya”) networking business. The acquisition supports the company’s growth strategy to lead the enterprise networking market with end-to-end software-driven solutions for enterprise customers from the data center to the wireless edge.

“This is an exciting day for Extreme and a strategic milestone for our company that further enables us to deliver the end-to-end networking solutions and services enterprise customers across our target vertical markets need to run their businesses,” said Ed Meyercord, President and CEO of Extreme Networks. “In addition to acquiring networking assets that complement and strengthen our capabilities, we are expanding our bench of talented and experienced employees, partners and networking customers. We’ve already seen great participation from new and existing partners and customers during our recent closing roadmap webinar, which is a key indicator of the mutual excitement for this deal.”   Read More